French carmaker PSA to leave Iran over risk of US sanctions
© Behrouz Mehri, AFP | An Iranian technician sits in a Peugeot 206 car on the final production line at the Iran Khodro auto plant, west of Tehran, on February 20, 2016./ French automaker PSA said Monday that it would pull out of two joint ventures to sell its cars in Iran to avoid the risk of US sanctions after Washington withdrew from a key nuclear deal with Tehran. “The group has begun to suspend its joint venture activities, in order to comply with European officials have vowed to try to shield their companies working in companies, they ...
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